BlackBerry 10 Delayed Until 2013

Research In Motion (RIM) today announced that phones running its next major OS - BlackBerry 10 - are now not expected to hit the market until next year. BlackBerry 10 phones were previously promised by the end of 2012. The announcement came as part of quarterly earnings news for Q1, which included additional bad news for the company. The company's revenues plummeted 33% compared to the previous quarter, leading to a quarterly loss of $518 million. The company is currently undergoing a restructuring that will result in 5,000 jobs shed.